Gambling addictions fuel large-scale embezzlements

Losses for some Fox Valley companies, agencies have topped $500,000

9:53 PM,
Mar. 23, 2013

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Before 2003, Bob Pedersen had limited knowledge about the evils of compulsive gambling.

But a shocking crime that came to light midway through that year forever changed Pedersen and the company he heads, Goodwill Industries of North Central Wisconsin.

The Menasha-based nonprofit organization's controller was accused of embezzling more than $500,000 to satisfy a gambling addiction. The controller, who lost the money at various casinos in Wisconsin, eventually was convicted, sentenced to five years in prison and ordered to make restitution. ...